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CES (Consumer Electronics Show) 2025: More than 4,000 exhibitors (of which hundreds in Vehicle Tech and Advanced Mobility section) to join consumer electronics fair in Las Vegas, USA (January 5-10), including 3M, AGC, aiMotive, Alps Alpine, Amazon Automotive, American Axle & Manufacturing (AAM), Ams Osram, Applied Electric Vehicles (EV), Aptera Motors, Aptiv, Asahi Kasei Microdevices (AKM), Autel Energy, Autobrains Technologies, Autocrypt, Autofleet, AutoL, Autopedia, Autotalks, BANF Intelligent Tire System, BMW, Blink Charging, BoS Semiconductors, Bosch, Boston Consulting Group (BCG), BYD Lithium Battery Company, Bühler Motor, Capgemini, Carteav Technologies, Cedar Electronics, Cepton, Clarios, Continental Automotive, Cube Tracker, Danlaw, Dassault Systemes, Denso, Difon, Drivetech, DriveU.auto, dSpace, DXC Technology, Eaton, Electric Racing Automotive (ERA), Element, EY, Faurecia Aptoide Automotive, FEV, Garmin, Goodyear, Google, Here Technologies, Honda Motor, Hyundai Mobis, ZER01NE, Hyundai Motor, IBM, Infineon Technologies, Inova Semiconductors, Intel, Italdesign-Giugiaro, John Deere, Kautex Textron, Koito & NAL, Kubota, Kyocera AVX, LG Innotek, Magna, Mahle, Mercedes-Benz, Mitsubishi Electric, Mobileye, MotoSurf, Nextbase, Nvidia, NXP Semiconductors, Onsemi, OPmobility, Pioneer Electronics, PwC, Qualcomm, Quest, Renesas Electronics, Schaeffler, Sonatus, Sony Honda Mobility, STMicroelectronics, Sumitomo Rubber Industries, Suzuki Motor, Tata Technologies, TDK, Togg, TomTom, Toshiba, Toyota Motor, Uber, Valeo, Visteon, Volkswagen, Voro Motors, Waymo, Witte, Xing Mobility, Xpeng AeroHT, Yazaki Innovations and Zeiss Microoptics

January 3, 2025 | 12:57pm CETflash
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Coface CEE Top 500 Ranking 2024: Petrochemical and pharmaceutical industry (minerals, chemicals, petroleum, plastics & pharma; 86 largest firms, -2 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 2.2% to EUR 282 billion in 2023 (2022: EUR 276 billion), number of employees grew by 3% to 403,900. Largest companies in sector include Orlen (EUR 85.9 billion, +34%; 66,554 people, +3%), MOL (EUR 23.27 billion, -5%; 24,769, +2%), OMV Petrom (EUR 6.8 billion, -40%; 7,228, -2%), Orlen Lietuva (EUR 6.43 billion, -15%; 1,492, +4%), Orlen Unipetrol RPA (EUR 6.29 billion, -21%; 3,180, +5%), Slovnaft (EUR 5.89 billion, -2%; 2,121, -2%), Aramco Fuels Poland (EUR 4.78 billion, +312%; 222, +11%), OMV Petrom Marketing (EUR 4.63 billion, -15%; 190, +2%), Lukoil Neftochim Burgas (EUR 4.42 billion, +297%; 1,245, -1%), BP Europa SE Oddzial w Polsce (EUR 4.08 billion, -21%; 259, +7%), Lukoil-Bulgaria (EUR 3.22 billion, -14%; 2,403, +0%), Čepro (EUR 3.16 billion, -14%; 829, +1%), Shell Polska (EUR 2.17 billion, -18%; 5,069, +4%), MOL Česká republika (EUR 2.09 billion, -7%; 189, -2%), MOL Romania Petroleum Products (EUR 1.84 billion, -1%; 259, +0%), OMV Hungária (EUR 1.74 billion, +6%; 62, +3%), MOL Polska (EUR 1.69 billion, -35%; 277, -13%), Saint-Gobain Innovative Materials Polska (EUR 1.6 billion, +1%; 7,300, +6%), Shell Hungary (EUR 1.04 billion, -6%; 99, +6%), Tank Ono (EUR 1 billion, -21%; 531, -1%), OMV Slovensko (EUR 963 million, -2%; 174, +2%), Shell Czech Republic (EUR 901 million, -12%; 81, +4%), MOL & INA (EUR 859 million, -21%; 67, -1%), Orlen Latvija (EUR 828 million, -24%; 10, +0%)

January 3, 2025 | 12:30pm CETflash
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Operating Sphere

Fuel continued given trend last week - petrol up, diesel down

June 1, 2009 | 06:33pm CEToriginal
The reason for the rapid petrol increase is the beginning of the motor season. This week the price of petrol and diesel should be...
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Volvo AB abolished plan to dismiss 600 employees of Powertain division

June 1, 2009 | 12:23pm CEToriginal
This division focuses on the production of engines and transmissions. The company has agreed with unions to reduce salaries by 8% and the working hours by…
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Scrap bonus cheered up car sales in Great Britain

June 1, 2009 | 10:41am CEToriginal
The buyers order all types of passenger cars including the London cabs. In May due to the scrap bonus…
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Other plants of Skoda Auto/Volkswagen might grow in South-East Asia and Middle East

May 31, 2009 | 09:38pm CEToriginal
How to ensure another growth of Volkswagen and simultaneously protect European working places: To produce in Europe, assemble on the emerging markets such as…
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Bratislava announced competition for purchase of joint buses

May 31, 2009 | 07:34pm CEToriginal
The transport company has announced the first tender now and approved two more tenders this week. In terms of its fleet’s renewal, the company would like to obtain in overall…
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AAA Auto postponed opening of new branch in Liberec

May 31, 2009 | 06:30pm CEToriginal
The company is now cautious but it does not exclude opening of new car centres at the end of this year. In Russia AAA Auto is in contact with...
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Tatra to dismiss around 450 employees till end of summer

May 31, 2009 | 01:39pm CEToriginal
The company fell in loss of CZK 712 million last year which is a year-to-year drop of the economic results by CZK 1.6 billion. The revenues were though growing...
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Czech plant of Hyundai signed first collective agreement with employees

May 30, 2009 | 04:24pm CEToriginal
The agreement is valid for a period of two years. Wages in the Nosovice-based plant of Hyundai will grow by 6.5% on average in 2009; in 2010...
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Koenigsegg, Fiat and Renco among clients interested in Saab

May 30, 2009 | 04:01pm CEToriginal
Koenigsegg and Renco Group, owned by the financier Ira Rennert, have the highest chances. Simultaneously, the court extended Saab's bankruptcy protection till...
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Automotive supplier Magna is likely to acquire German carmaker Opel

May 30, 2009 | 03:42pm CEToriginal
General Motors, Magna and the German Government preliminary agreed. Fiat is currently not participating in negotiations, but...
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Skoda Octavia third generation to come in 2011 or 2012

May 30, 2009 | 03:08pm CEToriginal
Skoda Auto wants to introduce two new models each year. In 2009 it will be Yeti and Superb Combi, in 2010 facelift of Fabia and Roomster models, in 2011...
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AAA Auto posted net loss of EUR 880,000 in Q1, in the Czech Rep and Slovakia profit

May 30, 2009 | 12:29am CEToriginal
Revenues due to abandonment of the three foreign markets fell by 54.3%. The company aims to reach a consolidated net profit in...
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Creditors of General Motors agree with new proposal for exchange of obligations for stocks

May 29, 2009 | 10:25am CEToriginal
None the less, the carmaker intends to ask for protection against creditors. The bankruptcy should last…
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Slavia pojistovna to offer insurance Krystof to damage liability free of charge for one year

May 29, 2009 | 09:52am CEToriginal
The client will thus save CZK 1,500 and if he/she drives without offences in the following years, he/she will be offered a discount...
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Skoda Auto increased production of Fabia and Roomster models and also number of workers from VW Slovakia

May 29, 2009 | 08:30am CEToriginal
Daily production of the Fabia model rose by 200 to 1,200 cars. To 250 employees from Bratislava-based plant of Volkswagen came this week…
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Metalworks Z-Group to dismiss up to 150 workers temporarily and to hire them on contract for work

May 28, 2009 | 07:48pm CEToriginal
The company, which has also been affected by the downturn in automotive industry, would like to avoid redundancies this way. The company's orders have dropped by...
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Visteon asked for bankrupt protection from creditors in USA, European activities not affected

May 28, 2009 | 03:27pm CEToriginal
In the following 18 months, General Motors plans to reduce the number of its automotive suppliers in North America from the current 1,500 to...
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Euro NCAP: Five out of six cars tested with the maximum number of stars, Suzuki Alto failed

May 28, 2009 | 01:58pm CEToriginal
Five stars received Audi Q5, Honda Jazz, Hyundai i20, Kia Soul and Peugeot 3008. Suzuki Alto achieved a rating...
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Sales of commercial vehicles down by 42.4% in Europe

May 28, 2009 | 12:19pm CEToriginal
Registrations dropped by 36.5% y/y in Western Europe. In new EU member states…
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Negotiations on Opel without solution, General Motors closer to bankruptcy

May 28, 2009 | 11:36am CEToriginal
Fiat and Magna has obtained a status of prospective applicants. The European Commission wants to discuss Opel. The first proceedings will…
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Czech supplier to world tyre producers Kordarna in insolvency proceedings

May 28, 2009 | 10:42am CEToriginal
The company has run into problems mainly due to investments in Slovakia. Kordarna is though producing further on...
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Poland aims to get rid of old cars by environmental tax introducing, scrap bonus probably not to take effect

May 27, 2009 | 08:28pm CEToriginal
Environmental tax is intended to cover all the cars up to 3.5 tonnes. The fee for 15-year-old car may amount to...
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AAA Auto to introduce lowest price guarantee as of June

May 27, 2009 | 04:45pm CEToriginal
The lowest price guarantee comes after the food and electronics also to the car sales segment. The guarantee can be applied in AAA Auto till...
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Lexus IS 250C: Second coupe-cabrio coming with price from CZK 1.289 million to Czech market

May 27, 2009 | 04:23pm CEToriginal
Under the bonnet there is approved 6-cylinder petrol 2.5L (153 kW). The first ordered cars will arrive in the Czech Republic in...
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Cebia launched system allowing to obtain complex information about car’s origin and history

May 27, 2009 | 01:41pm CEToriginal
Autotracer system can verify the origin of the car, year of production, service history, or kilometres passed. The price of one car verification is...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
JATO Dynamics: Tesla (362,000 registered cars) was best-selling battery electric vehicle...
Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000...
ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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EXCHANGE RATES
1 EUR = 1.04 USD
1 EUR = 0.84 GBP
1 EUR = 0.94 CHF
1 EUR = 25.17 CZK
1 EUR = 4.21 PLN
1 EUR = 407.95 HUF
Source: ECB, January 31, 2025